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November 21, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Wyomissing, Business Loans > Sovereign Bank Wyomissing Business Loans > Dn Donuts LLC Loan | ||||
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Philadelphia, Pennsylvania Bank Loan
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Borrow Money to Buy a Dunkin Donuts FranchiseNeed money to purchase a Dunkin Donuts franchise? Sovereign Bank has a history of making these loans and they are guaranteed by the SBA. Dunkin Donuts franchise loans are available to Philadelphia, Pennsylvania entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Sovereign Bank, based in Wyomissing, Pennsylvania, issued an SBA franchise loan for a Dunkin Donuts franchise in 2002. We've got all the details on this Pennsylvania small business loan. SBA Loan Borrower DN DONUTS LLC SBA Loan Lender SOVEREIGN BANK This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 7/12/2002 Loan Approval Gross Amount $688,000 Loan Approval from the SBA Of the total $688,000 loan amount, the SBA guaranteed $516,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Dunkin Donuts franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the borrowed money would help generate 9 new jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Sovereign Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links: Small Business Banks in Wyomissing, Pennsylvania
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